Base rebrands as Basechain and unveils Flashblocks, Base app, and dev tools in major overhaul
Key Takeaways
- Base has launched Flashblocks, decreasing block instances on its Ethereum L2 to 200 milliseconds for quicker transactions.
- Coinbase Pockets is now the Base app, combining chat, funds, social, and buying and selling.
Base launched a set of recent options throughout its “A New Day One” convention, marking a serious evolution for the Ethereum layer-2 community. The platform formally rebranded as Basechain, signaling a broader imaginative and prescient past its authentic affiliation with Coinbase.
The most important technical improve is Flashblocks, which slashes block instances from two seconds to 200 milliseconds, making Basechain 10 instances quicker and positioning it as one of many quickest L2s within the ecosystem.
Basechain additionally rebranded Coinbase Pockets to Base app, now an all-in-one app combining social, discovery, chat, funds, and buying and selling. The redesign goals to supply a seamless consumer expertise that unifies key features of Web3 interplay beneath one interface.
One other core launch is MagicSpend, which lets customers pay fuel charges and ship transactions utilizing their current Coinbase balances. The aim is to remove friction by permitting seamless exercise with out handbook payment administration.
To speed up improvement on the community, Basechain introduced Base Construct, a brand new initiative aligned with its ambition to onboard 1 million builders. This system will supply instruments and help to convey extra builders into the Base ecosystem.
